PRAISE FOR OBAMA FROM INVESTOR’S BUSINESS DAILY:
After years of dithering and bowing to protectionists, President Obama finally submitted three pending free-trade pacts with South Korea, Panama and Colombia to Congress for a vote. Let the U.S. economy recover.
The president’s decision marks the first bright economic move he has made to boost the nation’s ailing economy. Dropping tariffs, opening markets and equalizing investment terms are a proven way to boost economic growth. . . . The legislative process will begin next week, and both the White House and congressional leaders say the votes are there to pass it. But they always have been — the big change is the end of the president’s hesitancy to submit them and Big Labor’s campaign to block it.
Well, good.